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Court overturns preliminary injunction and pre-salt auctions are about to resume today

Written by Paulo Nogueira
Published 26/10/2017 às 18:35
pre-salt auction

Early this morning, the Amazon court vetoed the pre-salt auctions, but the court has just vetoed the case and everything will continue as normal.

petronews – “The Federal Regional Court of the 1st Region revoked this morning the injunction that suspended the pre-salt auctions. There is great expectation at the Hyatt Hotel, in Rio de Janeiro, until the official documentation arrives and the auction is held. The Minister of Mines and Energy, Fernando Coelho Filho, said that the government now awaits only the publication of the decision to start the auction. “Hopefully it will be soon” he said. With the favorable decision of the TRF, the expectation is that the auction, which attracted the largest oil companies in the world to Brazil, can proceed normally”

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The Brazilian pre-salt, which today is the goose that lays the golden eggs of large continental oil companies, is now being disputed for auctions that could yield a subscription portfolio for the government, an amount of around 7 billion reais. ExxonMobil, Petrobras, Statoil, Rapsol and Shell have shown an unusual interest in these assets, which will bring promises of good business and prosperity for the Brazilian oil industry, but also for other bold companies that will be keeping an eye on the auctions, see some below :

 Companies qualified for the 2nd Pre-salt Round:

ExxonMobil Exploração Brasil Ltda.- Qualified (Operator A) – United States
Petrogal Brasil SA – Qualified (Non-Operator) – Portugal
Petróleo Brasileiro SA- Qualified (Operator A) – Brazil
Petronas Carigali SDN BHD – Enabled (Operator A) – Malaysia
Repsol Sinopec Brasil SA – Qualified (Operator A) – Spain
Shell Brasil Petróleo Ltda.- Qualified (Operator A) – United Kingdom
Statoil Brasil Oil and Gas Ltda.- Qualified (Operator A) – Norway
Total E&P do Brasil Ltda.- Qualified (Operator A) – France

Companies qualified for the 3nd Pre-salt Round:

BP Energy do Brasil Ltda.- Qualified (Operator A) – United Kingdom
CNODC Brasil Petróleo e Gás Ltda.- Qualified (Non-Operator) – China
ExxonMobil Exploração Brasil Ltda.- Qualified (Operator A) – United States
Petrogal Brasil SA – Qualified (Non-Operator) – Portugal
Petróleo Brasileiro SA- Qualified (Operator A) – Brazil
QPI Brasil Petróleo Ltda.- Qualified (Non-Operator) – Qatar
Petronas Carigali SDN BHD – Enabled (Operator A) – Malaysia
Repsol Exploración SA- Enabled (Operator A) – Spain
Shell Brasil Petróleo Ltda.- Qualified (Operator A) – United Kingdom
Statoil Brasil Oil and Gas Ltd. – Enabled (Operator A) – Norway
Total E&P do Brasil Ltda. – Enabled (Operator A) – France

After the success of asset auctions in Campos Basin that took place on September 27, in which Petrobras and ExxonMobil acquired more than 80% of the Basin with the intention of revitalizing the mature fields and investing in pre-salt research recently discovered in the region, everything is following the desired flow. Follow Click Petróleo e Gás and find out when the winning companies start their activities here in Brazil, we will inform you about the selection processes first hand, just put your e-mail in the box at the end of this article.

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Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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